How to Recover Multibit Classic Keys - KeychainX Expert Explains the Magic
Have you lost access to your old Multibit wallet and thought you might never be able to see your bitcoin again? Well, fear no more! A leading expert at wallet recovery with years of experience from KeychainX wrote a guide just for you. In it he explains the magic of how to recover keys from Multibit Classic or Multibit HD wallets, and get your hands back on your old fortune.
Your Multibit Wallet Can Be Saved
Multibit Classic and Multibit HD wallets were very popular during the early days of bitcoin and played an important role in the infrastructure of the cryptocurrency ecosystem. The wallet was first introduced in 2011 and soon became of the most popular Bitcoin wallets with a graphical user interface.
Unfortunately, since July 2017 the Multibit wallet is no longer supported and many former users have not been able to recover their keys since the original software client and even the website are all gone. This can be a considerable loss of money considering that the price of BTC increased about 20 times since the wallet was discontinued, plus the extra BCH and BTG coins that the keys control due to forks.
KeychainX, a bitcoin wallet recovery service operating since 2017, reports it recovered a number of big Multibit wallets in the last few weeks alone, ranging up to half a million USD. Robert Rhodin, the CEO of KeychainX and an expert in the field explained the process of extracting the keys from old Multibit wallets in a recent Medium post.
If you are not yet familiar with KeychainX, read this recent article about how it uses brute cryptographic force alongside other very sophisticated methods to unlock wallets. The company recovered wallet keys for many clients from all over the world and you can see some of their raving reviews on Trustpilot where KeychainX has an almost perfect 4.9 ‘Excellent’ score.
How to Recover Multibit Classic Keys – Step by Step
This Medium post by the CEO of KeychainX serves as a quick, simple and straightforward guide to recovering Multibit Classic or Multibit HD wallets keys. It includes some helpful screenshots, links to all the tools you will need and goes through the process step by step.
First you need to locate or find your wallet or keys, the location for which varies depending on your operating system: Windows, Mac or Linux. The wallets are encrypted in two different ways, one file holds a single key and uses MD5 encryption and the other file holds the mnemonic words or multiple private keys.
Once you located the files, if you have access to an old multibit app on you computer you need to import the wallet and export the private keys to a new wallet. If you do not have a copy of Multibit, you can use OpenSSL together with your password to decrypt the files and recover the keys. If you do not remember the password, you can use a number of free online tools that can help you crack your password if you have a good sense of what it can contain such as names, birthdays and so on.
KeychainX covers all kinds of situations such as recovering lost Bitcoin wallets from wallet.dat files, Dogecoin wallet passwords, blockchain second or first passwords, Android wallet or spending PIN, Ethereum from JSON files, and Ethereum presale wallets. The team can even decrypt blockchain.info 15,17,19 or 21 word mnemonic seed that is no longer supported by blockchain.com itself.
To learn more about the company visit KeychainX.io or just send an email to KeychainX@protonmail.com if you need to talk about password recovery.
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